Attacks/Breaches
2/11/2014
04:26 AM
Tim Wilson
Tim Wilson
Quick Hits
50%
50%

Verizon Report: Many Organizations Still Fall Short On PCI Compliance

Ongoing PCI compliance is up, but many enterprises still aren't meeting requirements, Verizon study says

Enterprises have improved their compliance with the Payment Card Industry Data Security Standard (PCI DSS), but they tend to fall out of compliance between audits, a new report says.

According to the Verizon 2014 PCI Compliance Report, which was released today, more than 82 percent of organizations were compliant with at least 80 percent of the PCI standard at the time of their annual baseline assessments in 2013, compared to just 32 percent in 2012.

The study, which aggregates data from actual PCI assessments done by Verizon during the course of the year, offers a look at the actual experiences of businesses that must comply with PCI DSS, which is the mandated set of guidelines for any organization that handles credit card transactions.

While assessment-time compliance is up, many organizations tend to fall out of compliance between audits, the study says.

"We continue to see many organizations viewing PCI compliance as a single annual event, unaware that compliance needs to have a 365-day-a-year focus," stated Rodolphe Simonetti, managing director for the PCI practice at Verizon Enterprise Solutions.

Areas where businesses struggle the most in achieving initial compliance include security testing (23.8 percent); security monitoring and the ability to effectively detect and respond to data compromised (17 percent); and protecting stored sensitive data (55.6 percent), the report says.

The compliance problem is not an issue of technology or flaws in the standards, but in the ongoing implementation, Verizon states.

"Anything less than 100 percent compliance is an issue for businesses today," Simonetti said . "We have seen time and time again that noncompliance leaves an organization open to credit card theft, which can potentially cost hundreds of millions of dollars when you factor in all the damages -- not to mention lost consumer trust and the impact on brand reputation. Organizations need to rethink how they factor in maintaining a PCI-compliant environment, whether it's devoting more resources or working with a managed security services provider."

Have a comment on this story? Please click "Add a Comment" below. If you'd like to contact Dark Reading's editors directly, send us a message. Tim Wilson is Editor in Chief and co-founder of Dark Reading.com, UBM Tech's online community for information security professionals. He is responsible for managing the site, assigning and editing content, and writing breaking news stories. Wilson has been recognized as one ... View Full Bio

Comment  | 
Print  | 
More Insights
Register for Dark Reading Newsletters
White Papers
Cartoon
Current Issue
Flash Poll
Video
Slideshows
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2012-1978
Published: 2015-05-21
Multiple cross-site request forgery (CSRF) vulnerabilities in Simple PHP Agenda 2.2.8 and earlier allow remote attackers to hijack the authentication of administrators for requests that (1) add an administrator via a request to auth/process.php, (2) delete an administrator via a request to auth/admi...

CVE-2015-0741
Published: 2015-05-21
Multiple cross-site request forgery (CSRF) vulnerabilities in Cisco Prime Central for Hosted Collaboration Solution (PC4HCS) 10.6(1) and earlier allow remote attackers to hijack the authentication of arbitrary users, aka Bug ID CSCut04596.

CVE-2015-0742
Published: 2015-05-21
The Protocol Independent Multicast (PIM) application in Cisco Adaptive Security Appliance (ASA) Software 9.2(0.0), 9.2(0.104), 9.2(3.1), 9.2(3.4), 9.3(1.105), 9.3(2.100), 9.4(0.115), 100.13(0.21), 100.13(20.3), 100.13(21.9), and 100.14(1.1) does not properly implement multicast-forwarding registrati...

CVE-2015-0746
Published: 2015-05-21
The REST API in Cisco Access Control Server (ACS) 5.5(0.46.2) allows remote attackers to cause a denial of service (API outage) by sending many requests, aka Bug ID CSCut62022.

CVE-2015-0915
Published: 2015-05-21
Cross-site scripting (XSS) vulnerability in RAKUS MailDealer 11.2.1 and earlier allows remote attackers to inject arbitrary web script or HTML via a crafted attachment filename.

Dark Reading Radio
Archived Dark Reading Radio
Join security and risk expert John Pironti and Dark Reading Editor-in-Chief Tim Wilson for a live online discussion of the sea-changing shift in security strategy and the many ways it is affecting IT and business.